In a decision that is likely to be of concern to all payment service providers (PSPs) and of interest to all consumers who have fallen victim to authorised push payment (APP) fraud, the Court of Appeal has allowed an appeal against the High Court's summary judgment in Philipp v Barclays...

Dr Robert Oppenheim (head) and Eric Romba from the international legal practice Osborne Clarke have advised the Berlin-based financial start-up Upvest on its successful licensing by the financial regulator BaFin. Upvest Securities GmbH (a subsidiary of Upvest GmbH) has been granted a total of five licences under the German Securities...

International legal practice Osborne Clarke increases its ranking in The Times Best Law Firms 2021 and is now featured across 12 categories. The firm has been commended for banking & finance; commercial dispute resolution; commercial property; company & commercial; employment; insolvency & restructuring; intellectual property; landlord & tenant; mergers &...

We look at why the Financial Conduct Authority (FCA) is bringing in Principle 12 (" A firm must act to deliver good outcomes for retail customers"), when it is coming into force, what firms can expect and who will it apply to. Why a new principle? FCA-regulated businesses will all...

Osborne Clarke has advised Warburg Pincus on its primary and secondary investment in a Series C2 financing round of McMakler. According to his own statement, McMakler intends to use the capital to concentrate on expanding the proprietary technology and digital tools in the next growth phase in order to guarantee...

The UK Financial Conduct Authority's (FCA) recently published annual perimeter report (October 2021) suggests a series of reforms to protect consumers, which could have a significant impact on the investment funds sector and require the industry to re-evaluate its activities. The FCA "perimeter" – the boundaries of what it does...

The prime minister, Boris Johnson, name checked a who's who of past British life science pioneers, including Edward Jenner, Ronald Ross and Alexander Fleming, as well as the achievements of the Covid-19 Vaccine Taskforce, when launching the UK's Life Sciences Vision in July 2021. However, instead of dwelling on the...

The Financial Ombudsman Service (FOS) has decided to implement its proposals to resolve complaints more quickly and tackle the accumulation of cases during the Covid-19 pandemic, following a short consultation period and support from the majority of those who responded. The FOS launched (4 October 2021) its consultation to make...

DoorDash is a US technology company that connects people with the best of their neighbourhoods across the US, Canada, Australia, Japan, and Germany. By building last-mile logistics infrastructure for local commerce, its mission is to grow and empower local economies. Flink was founded in 2020 in Germany to bring consumers...

The case to which the report refers is that of an international group, where a Dutch subsidiary grants a loan to the Spanish subsidiary. The issue arises as the Spanish entity does not withhold Spanish tax over the interest payments to the Dutch lender on the basis of the domestic...